Maintenance Fees
The Richmond vs The St. Lawrence Area
452 - 313 Richmond St E
$465,000Studio1 ba0 pk450 sqft
For SaleThe Richmond
5.0
67 Days on Strata
$465,000
Price Increase: $460,000
Price Increase: $460,000
Studio + 1
1 Bath
0 Parking
450 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$339/mth
Taxes:
$1,625 (2024)
Cost Per Sqft:
$1,033/sqft
Outdoor Space:
Juliet Balcony
Locker:
None
Exposure:
South
Possession Date:
March 1, 2025
Laundry:
Ensuite
Amenities
Visitor Parking
Party Room
Concierge
Rooftop Deck
Business Centre
Indoor Parking
Sauna
Bike Storage
Games Room
BBQs Allowed
Gym
About this Listing
Welcome to this stunning and spacious studio located at The Richmond, a development by the renowned Tridel. ALL INCLUSIVE MAINTENANCE FEES ARE ONLY $338.50, INCLUDES HEAT, HYDRO, & WATER! This unit is located in a well-maintained, established building in a central area. Perfectly situated just steps from the TTC, shops, restaurants, grocery stores, DVP, parks & more! Pictures are from 2015 and don't do it justice. Come see it in person! Green P parking lot with daily/monthly parking options attached to the building. Income generating opportunity from day one! This is the ultimate investment package with very low carrying costs, a reliable tenant already in place paying current market rent. No hassle, no risk, just a seamless stress free addition to your portfolio! **EXTRAS** ALL INCLUSIVE MAINTENANCE FEES ARE ONLY $338.50, INCLUDES HEAT, HYDRO, & WATER!
ExtrasMicrowave, Fridge, Dryer, Washer, Dishwasher, Stove, All Electrical Light Fixtures
property.ca inc.MLS® #C11950803
Fees & Utilities
Maintenance Fees
Included in Fees
Hydro
Heat
Water
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Forced Air
Room Dimensions
Kitchen
9.29 x 7.28ft
Living
11.98 x 10.99ft
Den
11.98 x 7.87ft
Bathroom
0 x 0ft
Buyer's Market
Balanced
Seller's Market
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9/10
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10/10
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7/10
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The bike lane starts to feel like a second home.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
52,892
Average Individual Income
$63,089
Average Household Size
3 persons
Average Age
43
Average Household Income
$104,944
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
36%
High Rise Apartment
32%
Semi Detached
17%
Low Rise Apartment
7%
Duplex
6%
Marital Status
Commute
Languages (Primary Language)
Other
69%
Mandarin
12%
Cantonese
11%
Tamil
3%
Tagalog
2%
Arabic
1%
Spanish
1%
Urdu
1%
Education
University and Above
35%
High School
25%
None
16%
College
15%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
26%
Architecture & Engineering
19%
Health & Related Fields
12%
Social Sciences
11%
Math & Computer Sciences
8%
Humanities
5%
Physical Sciences
5%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
3%
Building Trends At The Richmond
Days on Strata
Units at The Richmond spend an average of
22
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in St. Lawrence
Turnover of Units
On average, each unit is owned for
4.3
YEARS before being sold againProperty Value
-8%
Decrease in property value within the past twelve months
Price Ranking
42nd
Highest price per SQFT out of 71 condos in the St. Lawrence area
Sold Units
11
Units were Sold over the past twelve months
Rented Units
31
Units were Rented over the past twelve months
Best Value Rank
The Richmond offers the best value out of 71 condos in the St. Lawrence neighbourhood
?
Appreciation Rank
The Richmond has the highest ROI out of 71 condos in the St. Lawrence neighbourhood
?
Rental Yield
The Richmond yields the highest rent prices out of 71 condos in the St. Lawrence neighbourhood
?
High Demand
The Richmond is the most popular building out of 71 condos in the St. Lawrence neighbourhood
?
Market Insights
Transaction Insights at The Richmond
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | $350,000 | $465,000 - $520,000 | $503,900 - $672,500 | $729,000 | $835,000 | No Data |
| Avg. Cost Per Sqft | $913 | $816 | $914 | $922 | $945 | No Data |
| Price Range | $1,850 - $2,100 | $2,050 - $2,450 | $2,150 - $2,600 | $2,900 - $3,300 | $3,000 - $3,250 | $3,950 |
| Avg. Wait for Unit Availability | 277 Days | 62 Days | 45 Days | 86 Days | 274 Days | 1327 Days |
| Avg. Wait for Unit Availability | 219 Days | 47 Days | 25 Days | 80 Days | 178 Days | 361 Days |
| Ratio of Units in Building | 5% | 25% | 45% | 19% | 9% | 1% |
Market Inventory
Total number of units listed and sold in St. Lawrence
